When did Midea enter the property industry?

The company entered the real estate industry in 2022.

According to the official news of Midea Group, on September 6, 2022, Midea Group and Vanke Group signed a strategic cooperation framework agreement at the headquarters of Midea Group.

According to the strategic cooperation agreement, the two sides will give full play to the advantages of technology, brands, resources and customers in their respective professional fields, promote resource sharing, mutual benefit and win-win, build a stable and sustainable strategic partnership, and carry out comprehensive and in-depth cooperation in the fields of smart home, building technology, logistics and warehousing, long-term rental apartments, property management and EPC agent construction.